模型1

模型2

VARIABLES

DA

t-value

DA

t-value

LNRPT

0.001^*

1.96

0.002^**

2.05

BIG4

0.070

1.37

LNRPT*BIG4

−0.003

−1.21

SIZE

0.002

0.80

0.002

0.75

REV

0.075^***

2.80

0.075^***

2.80

INV

0.015

0.80

0.015

0.81

ALR

0.030^***

2.64

0.030^***

2.65

ROA

−0.188^***

−5.39

−0.189^***

−5.41

LOSS

0.005

1.46

0.005

1.45

OPINION

−0.015^**

−2.28

−0.015^**

−2.28

Constant

−0.024

−0.42

−0.023

−0.41

R²

0.045

0.045

N

10,674

10,674

F

18.39

15.24